Oakland, CA 94606 2535 Wallace Street

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Presented By: Nolan Jones with KELLER WILLIAMS TRI VALLEY REALTY; 510-867-4806
  • Contra Costa Association of REALTORS
  • MLS# 41089731
  • 03/17/2025
  • Request Tour
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 4
  • Baths • 4
  • SQFT • 2,400

Home Details

Unlock the full potential of this three-unit property with a separate buildable lot—a rare value-add opportunity for investors and contractors. The existing building features one two-bedroom, two-bathroom unit, one two-bedroom, one-bathroom unit, and a studio, offering a versatile unit mix for strong rental income. The adjacent lot provides a blank canvas for expansion, allowing for the development of an additional structure to maximize returns. The current units are in excellent condition and with the ability to capitalize on the development potential, this property presents endless possibilities. Situated in a prime location, close to transit, retail, and major employment hubs, this is a must-see opportunity for investors looking to create significant value.
Presented By: Nolan Jones with KELLER WILLIAMS TRI VALLEY REALTY; 510-867-4806

Interior Features for 2535 Wallace Street

Other Interior Features

Air Conditioning Y/NYes
FlooringEngineered Wood
Heating Y/NYes

General for 2535 Wallace Street

AppliancesElectric Water Heater, Tankless Water Heater
CityOakland
Community FeaturesOther
Construction MaterialsWood Siding
CoolingCentral Air
CountyAlameda
DirectionsMake a right from 14th Avenue
Garage Y/NNo
HOANo
HeatingForced Air
Lot Size Square Feet5798
MLS AreaListing
ModificationTimestamp2025-03-29T18:09:20.000Z
Property SubtypeTriplex
Property TypeResidential Income
RoofComposition Shingles
Standard StatusActive
StatusActive
Year Built1918

Exterior for 2535 Wallace Street

Building Area Total2400
Exterior AmenitiesBack Yard, Yard Space
FencingFenced
Lot FeaturesSloped Down
Lot Size Acres0.13
Lot Size Area5798
Parking FeaturesOff Street
Water SourcePublic

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,250,000
MLS#41089731
List Date 03/17/2025
Property Type Income
Phone 714.742.6515
Request Tour
Request Info
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